Coinmetro ushers in a fresh wave of upgrades with the June 2023 product update. Explore our new dashboard, designed to enhance your crypto trading experience.

Product update - June 2023 | Coinmetro

It's the beginning of summer, but we're not slowing down here at Coinmetro. We've got another exciting monthly Product Update for you. Let's dive into the progress we've recently made and what’s on the horizon for Coinmetro!

Last month, our teams were hard at work, bringing some notable updates to the table. Our marketing team took the stage by launching the all-new Coinmetro website and a refreshed visual style. It’s not just coinmetro.com that has been revamped. The brand refresh has touched all areas of our communication, including social media, emails, and certain design elements across all our product

Meanwhile, the product team has been in full swing, focusing on enhancing our internal tools and processes. We have further streamlined identity verification, transaction handling, and other internal operations. These improvements will result in a smoother and more user-friendly experience for you on our platform.

In addition, a brand new deposit crypto flow has been implemented to the Coinmetro mobile app. This feature introduces a revamped way to deposit crypto on the Coinmetro app, designed to make the process seamless and hassle-free. Give it a try and let us know what you think!

When we examined the dashboards and homepages of various financial applications, crypto exchanges, and data platforms, we noticed something interesting: there wasn't a clear leader in UI design. We wondered why so little attention was given to the user's home, the starting point of their journey and the central hub for all their interactions and operations. Recognizing the significance of this crucial element within our ever-expanding product ecosystem, we decided to take action.

With our carefully designed interface, we aim to create a seamless and enjoyable experience for every user. We have taken inspiration from the latest design principles and listened to your feedback to redefine the benchmark for crypto platforms. Our goal is to provide unmatched functionality while maintaining a user-friendly interface. We believe our interface will set a new industry standard, compelling our competitors to strive for the same level of excellence.

Stay tuned, the new dashboard should go live in the upcoming months!

Longing to know more? Oliver Goble, our Head of Product, showcased all the exciting features and improvements during his June’s Product Live Update. Head to our YouTube channel to watch the recording.

We've got quite a few updates lined up for you in the coming weeks. Here's a glimpse of what's on the horizon:

🤳New app onboarding experience. We're working on optimizing the identity verification flow specifically for our Mobile App. This will provide new users with a smoother and more streamlined onboarding process, allowing them to start trading with no hassle.

💸New Wallets UI: Get ready for an updated and visually appealing wallets tab on our app. We're refining the interface to make managing your funds even more convenient and user-friendly. It's all about enhancing your experience.

📱App Update: We're continuously working on improving our app. Expect bug fixes and navigation updates that ensure a seamless trading environment and enhanced performance. 

As always, thank you for your ongoing support. Your feedback is vital in shaping the future of Coinmetro, and we truly value your insights. We invite you to share your thoughts, suggestions, and ideas as we continue to build an exceptional platform.

Coinmetro’s visual makeover: new look, new website, same platform you trust

Since day one, we have been driven by a single vision - to make the world of finance accessible and transparent for people globally. Thousands of you have already joined us on this journey. Many more will come.

Today, we are taking a step closer to the place we strive to be. The feel we want to give. We are launching our revamped visual identity and a new website, to inspire even more people to follow our mission.

Once a technology understood and used by a select few, crypto is now going global. It is also becoming more human, and more diverse. This change has sparked the inspiration for our new visual style - more personal, less distant, and way more fun. 

Just like our new style mixes real humans with digital illustrations, Coinmetro is a place connecting people with complex technology. We blend the digital and real worlds, adding a personal touch, care, and a spark to everything we do. This is the true spirit of Coinmetro.

Whether you're taking your first steps in crypto or you’ve been in this space for a while, Coinmetro has you covered. Our new look presents this diversity, with a light mode used for showcasing our intuitive entry-level tools and a dark mode appealing to those who want to delve deeper and explore advanced features. 

You can spot circles and semicircles on our refreshed logotype and across other visuals. They symbolize connecting people with people, people with technology, and all of our products into one ecosystem. This is the sense of unity we feel at Coinmetro and want to translate it to everyone around us.

We might wear new clothes or change the way we sound, but the heart of what we do is always the same. Our coin-metro-polis is still here, evolving together with the industry. Wherever we go next, we will always remember our roots and our promise to build a better financial world, intuitive and accessible to everyone. 

Our new website is the centerpiece of our rebranding. It is also a crucial milestone for our business as it provides a comprehensive guide to every part of Coinmetro’s ecosystem. However, what you are seeing today is just the beginning. 

Here’s what you can expect in the upcoming weeks:

More website pages (careers page, press page, brand page, and more).

Spotted an old look? Be patient with us, we’ll get to it.

So that’s a brief overview of our brand makeover - an exciting step to accelerate Coinmetro’s growth. Let us know what you think of the refreshed branding and all-new coinmetro.com. Don’t forget to leave your thoughts on Twitter, Telegram, Instagram, or LinkedIn. We are always thankful for your feedback.

With the new PoS consensus model, Ethereum has further cemented their position as one of the essential blockchain networks in the world. Start staking ETH on Coinmetro today!

ETH Staking Has Arrived | Coinmetro

We are happy to introduce this much-anticipated passive income stream. You can now stake ETH at Coinmetro and benefit from 4.03% APR (Annual Percentage Return) for 1 year-long plan! After the Ethereum Shapella upgrade weeks ago, the blockchain giant has completed its transition to a Proof-of-Stake consensus model, offering more users the opportunity to stake ETH tokens and earn rewards. 

👉 As promised, we are here to connect you with this significant opportunity and give you a chance to put your money to work in a prime passive income plan. Buy and stake ETH on Coinmetro today and watch your tokens grow daily!

Unlock Passive Income with ETH Staking on Coinmetro 

Stake ETH at Coinmetro and unlock 4.03% APR for 1 year-long plans

Staking ETH on Coinmetro is a smooth journey:

Buy ETH with just a few clicks or deposit and/or transfer the ETH you #hodl to your Coinmetro wallet

That’s it! Now you can relax, watching your ETH grow daily with this lucrative passive income stream. Remember – the longer the staking period you select, the bigger the returns!

Due to the current on-chain staking protocol load, please note:

🕑 Activation of your staking and rewards distribution will start 7 days after your enrollment into the plan.

🕑 The unstacking period for ETH is 7 days, therefore funds will become available in your account afterward.

With the new PoS consensus model, Ethereum has further cemented their position as one of the essential blockchain networks in the world. The transition aims to improve its performance, security, and efficiency, giving more users the opportunity to stake their ETH tokens and become validators in the network. For this, your hard earned ETH will get you back more, setting you up on a growing income stream that will add weight to your portfolio.

 ✅ Stake ETH at Coinmetro for 4.03% APR

Disclaimer: The APR rates mentioned for staking ETH at Coinmetro are subject to change based on the protocol gross APR evolution.

 As always, we are continuously researching crypto products and earning mechanisms that can add value and help you grow your portfolio daily. Stay close to the Coinmetro community on Discord and Telegram to chat with other forward-thinking investors who are staking ETH at Coinmetro. 

Should you need any help, feel free to reach out to our world-class Customer Support Team via 24/7 live chat or email at hello@coinmetro.com. 

To become a Coinmetro user today,  Sign-Up now, or head to our new Exchange if you are already registered and experience our premium trading platform.

Major APR Increase for FLUX Staking

More good news is on the way! Starting from May 1, 2023, you can enjoy increased APR for staking FLUX at Coinmetro. At the moment, Flux is one of the largest and fastest growing decentralized Web3 cloud infrastructures composed of user-operated, scalable and globally distributed computational nodes. FLUX was introduced to the Coinmetro ecosystem 2 years ago and is now entering a new staking cycle. Are you ready to take advantage?

Available from May 1, 2023, the new, increased APR for staking FLUX at Coinmetro will be:

 🔝 This represents a substantial increase from the previous APR rates, making FLUX staking more attractive to beginners and pros who are looking for ways to earn passive income in a straightforward way. 

Buy FLUX now on Coinmetro with just a few clicks and get ready to put your crypto to work!

There will be no further distribution of parallel mining rewards, these being included in the total APR mentioned above. 

Parallel airdrops will be distributed as usual.

Previous parallel mining rewards distribution will be handled within the 1st week of May.

Previous parallel airdrops will be distributed no later than May 21. 

 Disclaimer: The APR rates mentioned for staking FLUX at Coinmetro are subject to change based on the protocol gross APR evolution.

Today, Flux is a major catalyst in Web 3.0 development, providing a gateway for users to leverage the power of multiple blockchains. To support this new model, Flux has implemented a parallel asset mechanism that allows assets to live on different blockchains, utilizing the unique features of each blockchain without being dependent on any single one. This approach enables users to capitalize on the benefits of different chains while avoiding their limitations.

 With any investment plan you have, Coinmetro is here to connect you to opportunities and offer you the ground-breaking tools to make it happen. Buy FLUX on Coinmetro and get ready to watch your earnings grow daily.

 Stay close to the Coinmetro community on Discord and Telegram to chat, learn and have fun. Should you need any help, feel free to reach out to our world-class Customer Support Team via 24/7 live chat or email at hello@coinmetro.com. 

To become a Coinmetro user today, Sign-Up now, or head to our new Exchange if you are already registered and experience our premium trading platform.

Join the exciting world of cryptocurrency trading with NXRA on Coinmetro Exchange. Explore a wide range of trading options and seize profitable opportunities. Start your journey today!

NXRA Trading on Coinmetro Exchange

The wait is over! AllianceBlock’s new native token NXRA (Nexera) is now trading on Coinmetro exchange. Grab USD/EUR Pairs and discover the project if you haven’t already.

 ↔ As previously announced, AllianceBlock’s new native token NXRA is now replacing the legacy asset ALBT at a 1:1 swap ratio. All ALBT on Coinmetro wallets will be automatically swapped to the exact same amount of NXRA. For this, there is no action required from ALBT holders.

📊 Trade NXRA/USD & NXRA/EUR on Coinmetro Exchange ✅ 

⚠️ We want to caution users that there may be potential slippage at the start of trading, but our team is working to minimize any disruptions. 

💡 In crypto, slippage refers to the difference between the expected price of a trade and the actual executed price. This can occur due to a variety of factors, such as market volatility, liquidity, and trading volume. Slippage can have a significant impact on the profitability of a trade, especially for large orders.

🛡️ At Coinmetro, we are offering optimum tools that safeguard your trading. Last year we introduced the Price Slippage Warning feature. The Slippage Warning is there to show you in real-time if any of your orders could lose more than 3% due to slippage. This is an important component of your trading arsenal as it will warn you immediately before confirming orders. Use this to your advantage so you can be aware, act fast and stay on top of the markets.

Read more about New Price Slippage Warning Feature

 ⇨ Trade NXRA/USD & NXRA/EUR on Coinmetro Exchange ✅ 

 ⏩ Join other forward-thinking people to discuss the ALBT/NXRA swap on our Discord and Telegram community channels – a place to learn, chat and have fun every day. 

To become a Coinmetro user today,  Sign-Up now, or head to our new Exchange if you are already registered and experience our premium trading platform. Should you need any help, feel free to reach out to our world-class Customer Support Team via 24/7 live chat or email at hello@coinmetro.com.

Introducing Cosmos (ATOM) | Coinmetro

Cosmos (ATOM) – a project that speaks volumes to all crypto enthusiasts – is rounding out this week’s listings at Coinmetro. Cosmos is a rapidly expanding ecosystem of interconnected blockchain applications and services, aiming to build a decentralized future. It is community-owned and operated, providing users with the ability to enter a new universe of connected services. 

🌍 For good reason, the project carries the name “The Internet of Blockchains”. Instead of giving preference to its own network, the organization cultivates a network ecosystem in which data and tokens can be exchanged programmatically among various networks, without the involvement of any central entity to facilitate the activity.

The Future of Interconnected Blockchain Ecosystems

The Cosmos Network consists of three layers: the application layer, the networking layer, and the consensus layer. It uses a set of open-source tools to connect the various layers together and enable developers to easily deploy dApps. Its central hub, appropriately called the Cosmos Hub, serves as the economic engine of the entire network. The hub is responsible for providing essential services to users and connecting various chains through IBC (Inter-Blockchain Communication) connections. To make this happen, the hub operates decentralized bridges with other popular chains, like Ethereum and Bitcoin, allowing for seamless communication and interoperability between different blockchains. 

This innovative approach is what sets Cosmos apart and makes it a powerful player in the world of cryptocurrency, enabling users to freely exchange assets and data across decentralized blockchains, thus creating a new era of blockchain ecosystems.

The Cosmos Hub and its rapidly expanding orbit of sovereign chains is powered by the Cosmos SDK blockchain. With the SDK, developers can dream up and build exciting new applications that add value to the network by interacting with the Cosmos Hub. This opens up a world of possibilities for innovation and experimentation, giving developers the freedom to design unique features and functionalities that can seamlessly connect with other chains in the Cosmos ecosystem.

Ultimately, Cosmos is unique because it provides a remedy for the slow, expensive, unscalable, and unsustainable proof-of-work protocols. It seeks to make blockchain technology less complex and difficult for developers by providing a modular framework that demystifies decentralized apps.

All this has made Cosmos one of the most trusted ways to build value, making it a serious contender to Ethereum.

📈 New Trading Pairs: ATOM/USD & ATOM/EUR 📈

Holding ATOM has many benefits for users of the Cosmos Network. First and foremost, ATOM is the native token of the Cosmos Hub, which is the central hub of the Cosmos Network. 

Holding ATOM allows users to participate in governing the network by voting on proposals and staking their tokens to secure the chain. In return for staking their tokens, users receive rewards in the form of transaction fees and newly minted ATOM. 

Additionally, holding ATOM allows users to participate in the many interconnected blockchains making up the Cosmos ecosystem. This means that users can easily transfer value and data across different blockchains without having to rely on centralized exchanges or intermediaries. Moreover, users can earn additional staking rewards from other chains secured by ATOM.

If you’re a developer, Cosmos is a perfect environment to be in. Join the fast-growing token economy and build upon a secure and stable foundation. You can create decentralized finance applications, resilient, autonomous organizations, or game economies that are owned by players. Cosmos is committed to supporting developers and has provided several resources like the Cosmos Academy, Developer Portal, and Fundraising options.

📊 Grab ATOM, CRV and APE and join the innovators that are building the new era of the internet.

At Coinmetro, you can add weight and resilience to your portfolio with meaningful assets and projects that are carefully chosen in close dialogue with our community. 

🗣️ Are you a part of it? Join our Discord and Telegram channels – a place to learn, chat and have fun every day. To become a Coinmetro user today,  Sign-Up now, or head to our new Exchange if you are already registered and experience our premium trading platform. 

Should you need any help, feel free to reach out to our world-class Customer Support Team via 24/7 live chat or email at hello@coinmetro.com.

Curve Protocol (CRV) Now Live on Coinmetro | Coinmetro

Days ago we listed CRV, ATOM and APE on the Coinmetro exchange, providing access to popular projects in decentralized finance and applications, as well as community-driven Web3 cultural initiatives. As promised, in this article we circle back to Curve Protocol’s native asset CRV to talk about how the network is trailblazing the DeFi space. Moreover, you will understand why we are making CRV available for trading and the many ways the protocol is connecting users to opportunities.   

Curve Protocol is one of the largest decentralized exchanges primarily designed for stablecoins, offering low slippage rates and fees for exchanging tokens. The Ethereum-based network facilitates the exchange of various stablecoins such as DAI, USDC, USDT, while also supporting swaps for BTC, ETH, and others. 

Curve uses an automated market maker (AMM) for managing liquidity. More specifically, the protocol facilitates trading by using liquidity pools of assets provided by users, who can earn fees through their liquidity commitment.

The trading platform of Curve operates based on a mathematical function, which is specifically designed to enable stablecoins to be traded with each other at the most favorable rate. This mathematical function is commonly referred to as a bonding curve.

CRV is the utility token of decentralized exchange Curve and also the governance token of Curve DAO. Users can earn CRV tokens through governance, liquidity commitment and length of ownership. 

With a market cap of $657,256,758, CRV is currently ranked #68 on CoinMarketCap. Plus, with a 24-hour trading volume of $67,900,839 (as of March 9), it’s clear that traders are paying attention. 

📈 New Trading Pairs: CRV/USD & CRV/EUR 📈

CRV’s inherent value is determined by its technology and functionalities, which facilitate traders in achieving minimal slippage and trading fees during their transactions. This is particularly important with large stablecoin transactions, where having low fees and minimal price variation becomes essential.

Holding CRV can provide users with exposure to the rapidly growing DeFi ecosystem. As more users enter the space, the demand for decentralized exchanges and governance tokens like CRV is expected to increase. 

CRV is also the governance token for the Curve DAO, and it allows holders to vote on various proposals and updates for the Curve network. This gives users a voice in the development of the protocol and ensures that it remains decentralized and community-driven. 

On the other hand, users can earn both trading fees and additional CRV rewards for providing liquidity.

⇨ Trade CRV/USD & CRV/EUR on Coinmetro ✅ 

Curve Finance was created by Michael Egorov and his development team in 2020, during a period which later became known as the DeFi Summer. In that year, decentralized finance took off, going from $700 million locked into smart contracts at the start of the year, to $15 billion by the end. The Curve Protocol was an important part of this development, signaling a large-scale DeFi adoption and an increased tendency for people to integrate stablecoins in their portfolios and trading.

📊 As you know, our pursuit in offering you the best selection of crypto assets is never over. Stay glued to our Learning Lab for upcoming articles about the other recent listings: ATOM and APE. On the Coinmetro exchange, you can instantly purchase a selection of 60+ digital assets that have been carefully researched by our Listing Committee. Which ones are you holding in your portfolio? 

🗣️ Let us know all about it in our Discord and Telegram community channels – a place to learn, chat and have fun every day. To become a Coinmetro user today,  Sign-Up now, or head to our new Exchange if you are already registered and experience our premium trading platform. 

Curve Protocol (CRV) Now Live on Coinmetro

It’s Time for 3 New Listings! | Coinmetro

We are thrilled to announce the introduction of 3 new assets: CRV, ATOM and APE are now trading on Coinmetro. It is time again to enlarge our portfolio and offer new opportunities that you can easily integrate. After months of research and listening to our community, our Listing Committee has carefully researched these digital assets that we believe are pushing the boundaries of the blockchain world. Read on to find out more about each project and understand why we have decided to make these assets available.

CRV, ATOM & APE Now Trading on Coinmetro Exchange

CRV is the utility token of decentralized exchange Curve and also the governance token of Curve DAO. Users can earn CRV tokens through governance, liquidity commitment and length of ownership. With a market cap of $657,256,758, CRV is currently ranked #68 on CoinMarketCap. Plus, with a 24-hour trading volume of $67,900,839 (as of March 9), it’s clear that traders are paying attention.

CRV (Curve) – Connecting Users to Opportunities

Next, we have ATOM (Cosmos). For good reason, the project carries the name “The Internet of Blockchains”: Instead of giving preference to its own network, the aim of the organization is to cultivate a network ecosystem in which data and tokens can be exchanged programmatically among various networks, without the involvement of any central entity to facilitate the activity.

What makes Cosmos unique? The project provides a remedy for the slow, expensive, unscalable, and environmentally harmful proof-of-work protocols. Cosmos also seeks to make blockchain technology less complex and difficult for developers by providing a modular framework that demystifies decentralized apps. All this has made Cosmos one of the most sought-after options after Ethereum.  

The blockchain network consists of three layers: the application layer, the networking layer, and the consensus layer. It uses a set of open-source tools to connect the various layers together and enable developers to easily deploy dApps. 

Cosmos is designed to be highly flexible, allowing for easy upgrades and improvements. Their native token ATOM is currently ranked #21 on CoinMarketCap with a live market cap of $3.7 billion. 

ATOM (Cosmos) – Driving Blockchain Adoption Forward

Last but not least, we have the popular APE (ApeCoin) The ecosystem comprises the Ape Foundation and the ApeCoin DAO. Their native asset APE is a token designed for the Web3 economy, specifically to support the ever-evolving expressions of art, gaming, entertainment, and events. It functions as a decentralized protocol layer for community-led initiatives that advance culture into the metaverse. 

The project is supported by Yuga Labs, a Web3 company known for other successful NFT collections such as CryptoPunks, Meebits, and for the metaverse platform Otherside. Yuga Labs are also the biggest individual contributor to the project with 150,000,000 APE tokens (aprox. 16% of total) locked up initially. 

The APE Foundation acts as the base layer for ApeCoin holders in the ApeCoin DAO to build upon, facilitating decentralized and community-led governance. The Foundation ensures the DAO community’s ideas are supported and become a reality by administering day-to-day operations, project management, and other necessary tasks. 

The APE ecosystem is developed and grown in a fair and inclusive manner with the Ecosystem Fund, controlled by a multisig wallet, providing the necessary infrastructure for collaboration through open and permissionless governance processes. ApeCoin DAO membership is open to all ApeCoin holders, allowing decentralized decision-making on governance rules, partnerships, and project allocations. 

APE is currently priced at $5.20, having a market cap of $1,918,554,557, sitting at #36 market rank. 

📈 New Trading Pairs: APE/USD & APE/EUR 📈

APE (ApeCoin) – Advancing Culture in Web3

We are excited to provide access and offer you the opportunity to include CRV, ATOM, and APE in your portfolio. Take your time to discover the unique features and benefits of these 3 digital assets. For this – keep an eye on our Learning Lab – where you will find in-depth, educational content for each project.  

Whether you’re interested in yield farming, decentralized applications, or community-driven initiatives, there’s something for everyone in this new lineup. Trade CRV, ATOM, and APE today on Coinmetro exchange and start adding some weight to your portfolio by diversifying it with assets that are shaping the crypto scape. 

As you know, our pursuit in offering you the best selection of crypto assets is never over. On Coinmetro exchange, you can instantly purchase a selection of 60+ digital assets that have been carefully researched by our Listing Committee. Which one are you holding in your portfolio? 

Let us know all about it in our Discord and Telegram community channels – a place to learn, chat and have fun every day. To become a Coinmetro user today,  Sign-Up now, or head to our new Exchange if you are already registered and experience our premium trading platform. 

Coinmetro Welcomes Ignium | Coinmetro

We are thrilled to announce that Coinmetro has acquired Ignium.io, a blockchain-native fundraising platform for small to medium-sized enterprises (SMEs), for EUR 4 mil. Ignium was created to address the pressing issue of 60 million small businesses world-wide lacking optimum financial services. The platform allows businesses to easily raise funds from their communities by minting and issuing non-fungible tokens on the blockchain, in a simple, secure, and straightforward process, with applications taking just 10 minutes on average. 

At Coinmetro, we leveraged the power of Ignium to successfully raise USD 2.5 million in 2021, showcasing the effectiveness of the platform and our ability to utilize it to meet our financial goals. 

Discover Ignium’s all-in-one solution enabling small and medium businesses to easily raise funds from their community.

This acquisition is trailblazing Coinmetro’s advancement into essential services in the securities market. We plan to develop the fundraising and community engagement product further by creating an active market for equity trading for our more than 150 shareholders and external companies. This a first-of-its-kind solution in the crypto market, allowing for greater engagement between participants in the community and the businesses they support.

As of February 3, 2023, Coinmetro has acquired 71% of Ignium’s shares, aiming to acquire the rest by the end of April 2023. All of Ignium’s 4,000 registered users and asset-issuing business clients have been transferred to Coinmetro.

“SMEs are enduring one crisis after another, from Covid, to inflation, to a potential recession. They are also the type of business least catered to by traditional financial services. SMEs, however, have a key asset: their highly engaged communities. This is particularly marked in the crypto sector. Companies that nurture their communities can then reap the benefits of turning their loyal customers into engaged investors, made possible with products such as Ignium’s blockchain technology.”

We are excited to welcome Ignium to the Coinmetro family and thus build one more critical bridge towards blockchain finance serving everybody equal chances. With the Ignium acquisition, we are also strengthening Coinmetro’s commitment to building stronger communities in the crypto space.

On the successful acquisition, Ignium Co-founder & CEO, Reimo Hammerberg added: “Ignium has a long-standing relationship with Coinmetro – they are one of our first customers and their community members are active users of the Ignium product. We share an understanding of the importance of community in commercial success, which makes us confident that our clients will be in the best possible hands with Coinmetro.”

Visit Ignium to learn how you can easily raise funds from your community.

Stay close to the ever-growing Coinmetro community on our Discord and Telegram channels. To become a Coinmetro user today,  Sign-Up now, or head to our new Exchange if you are already registered and experience our premium trading platform. 

Access to Secure and Efficient Fundraising Solutions

Changes to the FLUX Staking Plan

Due to the recent changes in the Flux Network and its native asset FLUX, the Annual Percentage Return (APR) of FLUX staking plans at Coinmetro has been updated. Read below to understand the changes.

The Flux Network is a decentralized network providing users with an efficient and secure way to access financial services. FLUX is the native asset of the Flux Network and operates similarly to Bitcoin in its halving process. Every 655,350 blocks, the Flux Network halves the block reward, reducing the reward amount and creating a deflationary asset. The recent halving has reduced the FLUX block reward from 75 FLUX to 37.5 FLUX.

What is the Flux Network and FLUX Halving?

As a consequence of the recent FLUX halving, the APR of all FLUX staking plans at Coinmetro is also being modified. Starting February 14, all FLUX staking plans at Coinmetro will have the following APRs:

The change becomes effective on February 14. Already assigned staking rewards will not be affected. 

This change is necessary to reflect the recent transformation in the Flux Network and its native asset FLUX. It’s important to note that the recent FLUX halving causing the reduction of the APR is an external event taking place with the Flux Network and is outside of Coinmetro’s control. 

Stay close to the Coinmetro community on our Discord and Telegram channels. Should you need any help, feel free to reach out to our world-class Customer Support Team via 24/7 live chat or email at hello@coinmetro.com.

Impact on Coinmetro’s FLUX Staking Plans

Coinmetro 2023 Development Directions

As the new year unfolds, we are taking aim at our business objectives and strategies for 2023. Our collective financial journey is entering the next natural phase of evolution. This means important steps for us as a company and more unique opportunities and solutions for our users. This year we will be focusing on Simplification, Optimization and Credibility.

Read below to find out about some Product teasers and understand how we will develop these 3 pillars in our aim to build a better narrative for the crypto industry.

Simplification, Optimization & Credibility

All our efforts circle back to our users. What will your financial journey with Coinmetro look like in 2023? We are excited to carry on into the next, inevitable cycle of growth and provide access to everybody.

Make sure you are part of our Discord and Telegram channels to be the first who finds out about every step we take as a company. To become a user today,  Sign-Up now, or head to our new Exchange if you are already registered and experience our premium trading and investing platform. At Coinmetro, we listen to every voice. Should you need any help, feel free to reach out to our world-class Customer Support Team via 24/7 live chat or email at hello@coinmetro.com.

Campaign Terms - Margin 10

Entry Period: 13 Dec, 2022, 12 PM, UTC until 31 Mar, 2023, 12 PM, UTC
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Reward: Participant will receive €10 (ten EURO) to the Participant’s Coinmetro Account once all the requirements of this Campaign are met by the Participant.

Trade Requirement: Participant has to perform a single margin trade, after 13 Dec, 2022, 12 PM, UTC on Coinmetro platform. 
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Margin trade is considered complete once a transaction on Margin has been finalized.

Rewards will be distributed depending on when the Participants meet the Trade Requirement. 

Coinmetro reserves the right to disqualify any trades at Company’s discretion, including wash trades, illegal accounts, and trades that display attributes of market manipulation.

By entering this Campaign the Participant fully agrees to these Rules as well as to the Coinmetro Campaign Terms.

Coinmetro reserves the right to cancel or amend the Campaign Rules or Entry Period at any time without prior notice.

Coinmetro – Backify Integration

Back in April, we shared the exciting news of the Coinmetro SSO (Single Sign-On) Integration with Backify, showcasing the value of our expanding merchant and SaaS offerings. Today, there’s more good news as Backify has integrated Coinmetro merchant services, allowing you to instantly withdraw balances into crypto.

Why is this important? This partnership will drive more users to Coinmetro, giving them the opportunity to cashout in 50+ Crypto assets including XCM. There’s more! In the future, XCM holders may benefit from increased cashback rates with Backify, a mechanism which adds utility to XCM outside of the Coinmetro ecosystem. Read on to understand how simple it is to join and take advantage.

This partnership essentially connects our users to countless merchant services with unique cashback opportunities. By shopping online with Backify you earn back cash from all transactions and USD, GBP or SEK currencies can instantly be converted to any crypto or fiat on the Coinmetro Swap Widget. Simply select the amount you want to withdraw from Backify and instantly swap it for any asset you wish to receive: BTC, ETH, QNT and others as well. 

As a Coinmetro user, you have access to a trusted third-party partner who can help you save money and circulate more value back into your wallet and portfolio. 

With this partnership, Backify becomes the world’s first cashback website to partner with a regulated and licensed crypto exchange. Being strong crypto advocates, its founders are excited to enable everyone instant access to crypto trading and investment. Try Backify today and use it every time you shop online. Watch your savings grow and instantly swap your rewards into crypto with Coinmetro. Start building your portfolio and embark on passive income plans that have few rivals across the crypto industry. Put your money to work with systems like MARs (Multi-Asset Rewards) that make a difference where it matters most – in your pocket.

Backify is a global cashback site with fast expansion in the US, UK and Sweden, focusing on user experience and quality customer service. After raising €500,000 on the Coinmetro invest platform last year, they have built out an entire cashback platform and a comprehensive back office infrastructure. Backify now supports PayPal cashouts, featuring over 4,000 partnered stores. 

After the Coinmetro SSO (Single Sign-On) implementation, users gained access to Backify services, unlocking more value as they earn while shopping online.

Let us know how you are taking advantage of the Coinmetro – Backify SSO by sharing your thoughts on our Discord and Telegram channels. Sign-up to Coinmetro now to start a new financial journey – one revolving around your needs. Head to our ecosystem now if you are a registered user, to experience a premium trading and investment medium.

Coinmetro’s Bug Bounty | Coinmetro

At the beginning of September, we achieved a major milestone by launching our new spot exchange. For 6 months, the platform was in beta and we actively gathered feedback from the community in order to offer you a premium trading platform that is stable, performant, visually pleasing, and easy to use.

With the new exchange now active, we are reaching out again to you and the entire community, to give us a hand in perfecting this product further. In true Coinmetro fashion, we have juicy rewards for all who contribute. Join our Bug Bounty quest if hunting them is your thing, and we will make sure to perk you up with a bag of digital assets.

Earn Crypto by Reporting Bugs on Our Freshly Updated Exchange

It’s time to refine our product down to its finest details, so you can keep enjoying a superior trading and investing platform. Now you can earn crypto by reporting bugs and feedback to our team. By using this Typeform, you will be able to quickly send reports that our devs will be happy to analyze. For each report sent, we will award you up to 100 XCM.

If you are a more experienced user, you can potentially unlock a more serious Bug Bounty you can find HERE. It pays higher rewards but is for more experienced individuals, developers and white-hat hackers.

Be as detailed as possible to help us identify any issue.

Reports must be relevant and reproducible.

Access Control Issues (IDOR, Privilege Escalation, etc)

Any other vulnerability with a clear potential loss

We are grateful for the active participation of so many of you. To date, 108 users have already pointed out 56 bugs and have been rewarded a total of $8300. It just goes to show what we can achieve as a community when we work together!

If you want to share something with us or provide any kind of feedback on the new exchange, you can also give us a shout on our Discord, Telegram or via our 24/7 Live Chat. You know it, we are a people-centric organization and will happily listen to every voice.

More innovation will be augmented into our exchange in the short term. Expect order form and header improvements, improved padding for better data display, and additional methods of customization. Also, we’ll be updating the UI to decrease clutter and simplify the platform’s overall look and feel.

The new spot exchange unlocks the next major product release – the Coinmetro Margin Trading platform.  The new platform will give you 5x leverage with high margin limits – potentially up to $250,000. The feature-rich product will allow you to view, manage and open positions with ease, taking advantage of advanced API access. In true Coinmetro fashion, the Margin exchange will have low daily fees! Fees on borrowed margin are calculated hourly and charged only once daily at 0.08%.

Thank you for helping us design and engineer better products that give you the opportunity to benefit from a reliable financial experience tailored to your needs. Because we want to give back to the community, we recently updated our Referral Program. Spread the good news and you can earn referral fees for life!

Stay close to ourDiscordandTelegramchannels so we can become better, together. Head to theCoinmetro exchangenow to scout for bugs or enjoy a superior investing tool that will make everyone a better trader!

New Funding Round | Coinmetro

We are glad to announce that we’re getting more wind in our sails with an additional €7 million funding round. Our US and European expansion is bound to accelerate, as our company valuation reaches €180 million, making Coinmetro one of Europe’s fastest growing crypto exchanges.

Coinmetro Secures €7 Million for Further Expansion

Our community-driven exchange has become the alternative choice for users seeking a more inclusive and people-centric crypto ecosystem. The customer-first strategy and the people-facing products have driven Coinmetro US growth by more than 300% year on year.

We are planning to use the capital to further scale up our operations in the US, UK and across Europe. Moreover, our commitment to innovative passive income products carries on, helping you deal with record-high inflation and questionable monetary policies.

The interim funding round is a forerunner to a Series A round currently scheduled for Q1 2023. The full €7 million came from three angel investors and over 100 existing shareholders who amount to a 4% stake in the business. A large proportion of these shareholders are also clients who trust the team, the company, and its values, being equally motivated to help the company grow. Coinmetro is now valued at €180 million, a three-fold increase on the previous valuation of approximately €60 million in 2021. 

Kevin Murcko, CEO & Co-Founder, Coinmetro: “After a peculiar year for cryptocurrencies, as indeed for most currencies, we are expecting further volatility ahead, but there is growth to be had for those that understand the market dynamics and can see where the next phase of crypto’s evolution will come from. We have no shortage of ideas and are looking forward to making them real for our growing community over the months and years to come. This latest funding round gives us the financial clout to do just that. It’s a testament to our vision that we have succeeded in doing so during a bear market.”

Kevin adds: “Our success to date has been founded on our community-first approach to business, and coming up with ingenious ways to provide smart, simple and transparent tools that give our users the functionality they want. This funding round will be the catalyst to further innovation and will also help us bring on board new customers who are realizing why others have already made the switch.” 

Coinmetro’s growth to date has been driven by our transparency, people-centric culture and simplicity for our growing customer base. In August 2022, we introduced our first-of-a-kind swap widget, with which you can buy into your entire multi-asset portfolio in one simple trade, without needing to buy each coin or token individually.

We want to thank the entire community for choosing Coinmetro and for the ongoing support. Everything we do revolves around our users and how they can integrate meaningful financial products into their lives. 

Let’s celebrate the good news on our Discord and Telegram channels! Feel free to let us know what you think of our future plans – we’d love to hear from you and get inspired. Sign-up to Coinmetro now if you are not yet a user, or head to our ecosystem if you are already registered, to experience a premium trading and investment medium.

Coinmetro Blog